Garnet Capital Advisors is a financial-services company specializing in managing loan portfolio sales and providing valuation services to banks and other credit grantors.

DiPalma manages Garnet’s client-origination and portfolio-sales efforts. Lou’s asset brokerage experience includes credit cards, installment loans, mortgage and commercial loan products. Lou has written for and been widely quoted in numerous industry publications including American Banker, The Financial Times (London), and Collections and Credit Risk.

Garnet Capital Advisors is a financial-services company specializing in managing loan portfolio sales and providing valuation services to banks and other credit grantors.

DiPalma manages Garnet’s client-origination and portfolio-sales efforts. Lou’s asset brokerage experience includes credit cards, installment loans, and mortgage and commercial loan products. Lou has written for and been widely quoted in numerous industry publications including American Banker, The Financial Times (London), and Collections and Credit Risk.

The Home Equity Conversion Mortgage (HECM) is FHAs reverse mortgage program which enables you to withdraw some of the equity in your home. The borrower chooses how they want to withdraw their funds, whether in a fixed monthly amount or a line of credit or a combination of both. Borrowers can also use a Home Equity Conversion Mortgage to purchase a primary residence if the borrower is able to use cash on hand to pay the difference between the HECM proceeds and the sales price plus closing costs for the property that is being purchased.

As the demographics of the nation continues to trend towards older homeowners, this could be an area of high growth for mortgage originators and investors.

Joining the broadcast to discuss Home Equity Conversion Mortgages is David Fontanilla, Founder and Managing Partner of Madison Paige Capital and Pioneer Analytics. David has been involved in an array of residential mortgage capital markets activities, ranging from structuring, negotiating and executing portfolio Acquisitions, dispositions and securitizations to company acquisitions and public policy formulation.

Richard Wilson founded The Family Offices Group six years ago and which has subsequently grown to be the largest association in the industry providing training, industry reports, and services to over 1,000 family offices around the globe. Wilson is also the author of the The Family Office Book which can be found at Barnes & Noble and Amazon.com. Wilson will discuss strategies for raising capital from Family Offices as well as new trends in co-investment, club deals and direct investments.

According to the Financial Post, U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006.

The slowdown, which follows two back-to-back quarters of very strong growth, is likely to be short-lived given the enormous tailwind from lower gasoline prices. Most economists believe fundamentals in the United States are strong enough to cushion the blow on growth from weakening overseas economies.

Even with the moderation in the fourth quarter, growth remained above the 2.5% pace, which is considered to be the economy’s potential. Economists had expected the economy to expand at a 3% rate in the fourth quarter

Joining the broadcast to discuss the economy, bond prices, the Fed and housing is Brent Nyitray, Director of Capital Markets at iServe Residential Lending.

Brent is responsible for managing iServe’s origination pipeline and Ginnie Mae securitizations. Prior to iServe, was an analyst and trader at several hedge funds as well as ran the European Risk Arbitrage trading desk at Bear Stearns. Brent is also the author of The Daily Tearsheet, a blog focused on the economy, financial markets and real estate.

It was recently reported in DC News that three of the nation's largest mortgage lenders have put sizable packages of non-performing and performing mortgage loans on the market for investors to buy

First reported by Bloomberg, The loans are worth a combined $4.5 billion. Bank of America has put up approximately $2.56 billion worth of delinquent debt for sale, including non-performing loans, performing mortgages and home equity lines of credit (HELOCs), Citigroup has put up $1.8 billion worth of non-performing mortgages for sale, and JPMorgan Chase is looking for a buyer for $143 million worth of nonperforming mortgage loans. And lastly, Freddie Mac just sold $440 million in non-performing loans.

Data compiled by Mission Capital shows that about $4.2 billion worth of non-performing loans and $3.2 billion worth of modified or re-performing loans have traded or been put up for sale so far this year.

Joining the broadcast to discuss the non-performing mortgage market is Troy Fullwood. Troy is an 18+-year veteran of the secondary mortgage business, along with being a personal investor. He has been involved in over 13 thousand residential mortgage transactions totaling over a billion dollars in transactional history throughout the United States.

Raising capital is a mystery to most, but is an attainable objective for the manager looking to start a small opportunistic fund. Joining the broadcst today is Joel Block, CEO of Bullseye Capital. The Bullseye Capital Real Properties Opportunity Fund is a real estate focused private equity fund based in Agoura Hills, CA.

Eddie Speed, president of Colonial Financial and Note School, joins the broadcast to discuss the liquid and growing non-performing mortgage loan (NPL) secondary market. Eddie explains the benefits to both the seller and the buyer in transacting trades into the NPL secondary market.

For over 32 years, Eddie Speed has been a true leader and innovator in the Note Buying Industry. Already the recipient of the Note Industry Achievement Award, his industry insight, drive and leadership has positioned him as the leading expert on the greatest opportunity in today’s market: Non-Performing Notes and Seller Financing. His advice and guidance has created more successful note investors than anyone in the industry; it’s no wonder his advice is sought after by industry leaders, A-listed corporations and the industry’s top producers.

Today on "It's My House" shall discuss the distinctions between "Social Capital" vs "Social Programs". The primary distinction between the two is that Social Programs pay a person (not to produce). If you have Social Capital you produce.

We shall also ask the questions:

Can U pass on "generational wealth" with Social Programs ? Can U pass on "generational wealth" with Social Capital ?

After we answer those questions, we shall discuss HOW anyone can generate social capital TODAY and how we can organize TODAY to pass that "Social Wealth" into the future.